Net profit hits USD35m for Qurain Petrochemicals in H1| MENAFN.COM

Tuesday, 28 June 2022 12:51 GMT

Net profit hits USD35m for Qurain Petrochemicals in H1


(MENAFN) A net profit of USD35.08 million reported by Kuwait-based Qurain Petrochemical Industries Company (QPIC) for the first half of 2017-18, compared to USD34.85 million for the same period last year.


The earnings per share (EPS) for the half year stood at (USD33.69 cents) compared to USD33.49 cents during the same period last year, said a statement from the company.

"The achieved results affirm the ability of our business model to withstand market volatilities, allowing us to deliver consistent solid performance and results that meet our shareholders' expectations", QPIC's Chairman Sheikh Mubarak Abdullah Al Mubarak Al Sabah said.

MENAFN3110201700450000ID1096018621


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.